Dollar buoyant vs yen, euro as risk-on mood prevails
The dollar was buoyant against the yen and euro on Monday as the risk-on mood inspired by solid U.S. economic data…
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currency
Banking sector must have access to foreign cash via EGX: EFSA
Egypt’s current crisis of low foreign currency reserves requires that the banking sector has direct access to…
Egypt’s central bank denies amending max amount of foreign exchange allowed to exit
The Central Bank of Egypt (CBE) denied any amendments to the maximum amount of foreign currency allowed to exit…
UK’s Pound set for longest rally in two months as May takes over
After weeks of political turmoil, a semblance of stability is returning to U.K. politics, and the pound is reaping…
Nikkei rebounds on currency intervention optimism after Brexit
Japan's Nikkei share average recouped some of last week's steep declines on Monday, as government officials stepped…
Central banks move to calm edgy markets amid Brexit storm
Some of the world's biggest central banks offered financial backstops to soothe plunging markets on Friday after…
Yen weaker on BOJ easing talk, BOE’s ‘Super Thursday’ in focus
The yen fell on Thursday as investors sold the currency amid speculation that the Bank of Japan could decide to…
Yen recovers, data shows outright swing against dollar
The yen recovered from a walloping at the end of last week on Monday, with investors focusing on a meeting of the…
Asia stocks, dollar slip as markets await Fed, BOJ meetings
Asian shares and the dollar dropped on Monday as investors took profits from the currency's recent gains ahead of…
China reverts to bad old ways to prop up economy
It was less than four months ago that China was sneezing and the rest of the world was catching a cold. Turmoil in…
